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. >>> and at the white house many called on president obama to help free alan gross. he has been held in a cuban prison for four years is facing a 15-year prison. >>> forensic scientists in fran say yasser arafat died of natural causes and was not poisons which contradict swiss findings that found high levels of polonium. >>> thailand's prime minister yingluck shinawatra has alreadied police to stott fighting with protesters. david shuster i is in for ali velshi. >> public pensions are on the chopping block. tonight a landmark ruling for detroit. a new legislation in illinois will have big i a implications r retirees and pensioners everywhere. >>> the seismic shift making pushy car dealers the thing of the past. i'm david shuster in for ali velshi. and this is "real money." >> this is real money, and you are the most important part of the show. so join our live conversation for the next half hour on twitter @aj real money. today the city of detroit got the go ahead from a federal judge to shed billions of dollars in debt in the largest bankruptcy in u.s. history. the
. >>> and at the white house many called on president obama to help free alan gross. he has been held in a cuban prison for four years is facing a 15-year prison. >>> forensic scientists in fran say yasser arafat died of natural causes and was not poisons which contradict swiss findings that found high levels of polonium. >>> thailand's prime minister yingluck shinawatra has alreadied police to stott fighting with protesters. david shuster i is in for ali velshi....
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do you think medicare advantage maybe obama cares next victim? and if so, what might beneficiaries in pennsylvania expect over the coming years in terms of plan choices, costs, forgone benefit offerings and provider networks? >> thank you, mr. chairman. indeed, i am concerned about the future of medicare advantage. as i said in my opening statement. the work we've done on the implications of aca cuts, for example, in pennsylvania would suggest that in 2014 there would be an average loss of benefit, beneficiary of about $2200, that this is about a 19% reduction in those benefits. and that we would see a decline in -- about 113,000 pennsylvanians. those numbers for 2014 are of concern, but i am more troubled by the trajectory over the succeeding five years of the full cuts under the affordable care act as to whether medicare advantage will remain a viable option within the medicare program and deliver the comprehensive benefits. i just want to echo the statements that we heard in many of the opening remarks. the medicare population is so different
do you think medicare advantage maybe obama cares next victim? and if so, what might beneficiaries in pennsylvania expect over the coming years in terms of plan choices, costs, forgone benefit offerings and provider networks? >> thank you, mr. chairman. indeed, i am concerned about the future of medicare advantage. as i said in my opening statement. the work we've done on the implications of aca cuts, for example, in pennsylvania would suggest that in 2014 there would be an average loss...
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care would be in year one. that estimate was done, obviously, before the website spent two months being broken. so there is what was underlying that estimate is over. it's not going to happen. but back when -- in june and may when i spoke to the obama administration about how they thought about zubsuccess, they not use seven million number. they did not say getting seven million and one million was young and healthy. success was all about getting this right, getting the ratios right so the premiums would be low enough that over the first two or three years it would be a good deal and people would come in. so the important thing for the administration is not seven million versus five million versus nine million. it's how many of them are young and healthy. they need about 40% in order to keep premiums at the levels they want them. >> and to that point, there was a recent gallup poll. 37% of americans under 30 are the least familiar with the health care law. more than any other age group. and obviously we've talk
care would be in year one. that estimate was done, obviously, before the website spent two months being broken. so there is what was underlying that estimate is over. it's not going to happen. but back when -- in june and may when i spoke to the obama administration about how they thought about zubsuccess, they not use seven million number. they did not say getting seven million and one million was young and healthy. success was all about getting this right, getting the ratios right so the...
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obama to be at his lowest approval rating since taking office. john della volpe is director of polling at the institute of politics at harvard and is here to discuss the findings. , john, welcome back to the program. so you found these numbers there polling of just about a month ago. tell us what the numbers were when it came to the affordable care act? >> so overall, judy, we found that by a margin of about two-to-one young people believe that the quality of care will actually get worse under the affordable care act. by a margin of five to one they believe that costs will increase. and as you said a moment ago, a solid majority disapprove of the act as of today. >> woodruff: and what did you find-- so pretty significantly overwhelming disapproval. what did you find along partisan line, democrats, republicans, independents? >> a great question. essentially 95 out of 100 republicans disapprove of the obamacare or affordable care act. we actually at half of our polling a thousand people about questions related to at fordable care ago. the other hal
obama to be at his lowest approval rating since taking office. john della volpe is director of polling at the institute of politics at harvard and is here to discuss the findings. , john, welcome back to the program. so you found these numbers there polling of just about a month ago. tell us what the numbers were when it came to the affordable care act? >> so overall, judy, we found that by a margin of about two-to-one young people believe that the quality of care will actually get worse...
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we single him a letter four years ago. that deal is still there. we could take our plan, let people sign up for the republican plan. let people sign up for his plan. >> but it is call obama care for better or worse. the white house is now going back and forth about whether or not that was a great idea to call that it but it is. he won't change it unless the bottom really falls out. >> he can't go on national television today and say send me your plan. we sent him a plan four years ago and then he won't accept our plan. >> let's play. that did he issue a challenge to republicans today. >> i've always. i will work with anybody to implement and improve this law effectively. you got good ideas? bring them to me. let's go. but we're not repealing it as long as i'm president. >> so you presented a different health care proposal four years ago. do you have a proposal to improve the law that exists right now? >> it is a totally different concept. if the president wanted to take us -- if he took us up on our offer. i'm speaking totally out of turn here. if
we single him a letter four years ago. that deal is still there. we could take our plan, let people sign up for the republican plan. let people sign up for his plan. >> but it is call obama care for better or worse. the white house is now going back and forth about whether or not that was a great idea to call that it but it is. he won't change it unless the bottom really falls out. >> he can't go on national television today and say send me your plan. we sent him a plan four years...
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Dec 4, 2013
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very similar to what president obama is claiming, the right of the game to essentially stand above the law to reform the law to the kings views. i'm not saying that president obama is a monarch but that was the issue that gave the impetus to this clause, in my view. the language did not change very much. later, people like benjamin -- the dispensing power of the president. he wrote a very good paper about when the president can refuse to enforce laws. he basically said he could only be done -- they could only be done when there's intrusion upon executive power. by the way, that's was involved in the myers case we talked about, referred to earlier. or if it was clearly unconstitutional, and that second issue, established had to be very, very clear so the president does not exercise that authority. this is a i would respond. we don't have to hyperventilate to look any problem and take it is not about who the president it today or what he's trying to achieve. what is lacking from the other side is any notion of what the world will look like in a tripartite system if the president can lite
very similar to what president obama is claiming, the right of the game to essentially stand above the law to reform the law to the kings views. i'm not saying that president obama is a monarch but that was the issue that gave the impetus to this clause, in my view. the language did not change very much. later, people like benjamin -- the dispensing power of the president. he wrote a very good paper about when the president can refuse to enforce laws. he basically said he could only be done --...
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Dec 4, 2013
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that will of course argue for tapering next year and ending qe next year and also growth going into 2014 and particularly 2015. >> mark, one recurring theme we've had in discussions over the past several months is looking for effect of obama care. you did get strong growth in that 20 to 49 employee business size. but it's less than you had with smaller businesses and with larger businesses. are you seeing any pick up, statistical evidence of impact of obama care in numbers? >> no. none. i can't see it. in terms of the job creation or for companies that are around that key 50 employee threshold, i don't see anything. of course the employee mandate was delayed. maybe companies aren't going to react. they'll wait until next year this will they start to react. i don't see it in part time employment, hourly earnings. it's very difficult to see. now, it could also be the case going back to counter fact we don't know what the world would look like if obama care wasn't implemented. that's a tough argument to make. i just don't see it in the data. >> thanks for joining us this morning and bringin
that will of course argue for tapering next year and ending qe next year and also growth going into 2014 and particularly 2015. >> mark, one recurring theme we've had in discussions over the past several months is looking for effect of obama care. you did get strong growth in that 20 to 49 employee business size. but it's less than you had with smaller businesses and with larger businesses. are you seeing any pick up, statistical evidence of impact of obama care in numbers? >> no....
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[applause] cheryl: president won't back down on obamacare even if he has to fight for three more years. i am cheryl casone with dennis kneale to take you to the next hour of markets now. president obama continues his 20 day pr blitz to will americans to sign up for health care, four separate hearings on the law are underway in capitol hill. filled in greek --phil gingrey is here. david dietz is here with where to make some green coming up in our stock radar and washington d.c. raising the minimum wage at the nation's largest retailer, wal-mart, opens for business. we have the details, the backlash and the fight ahead for both. all this and more in the next hour of markets now. timing is everything between washington d.c. and walmart. this has been going on for so long and the minimum wage going up with wal-mart opened up a store. capitalism lives. dennis: so does obamacare. the president denial on how things are going. cheryl: there's deion and defiance, both active. dennis: top of the our stocks every 15 minutes, nicole petallides at stock exchange. reversing course again. we don't wa
[applause] cheryl: president won't back down on obamacare even if he has to fight for three more years. i am cheryl casone with dennis kneale to take you to the next hour of markets now. president obama continues his 20 day pr blitz to will americans to sign up for health care, four separate hearings on the law are underway in capitol hill. filled in greek --phil gingrey is here. david dietz is here with where to make some green coming up in our stock radar and washington d.c. raising the...
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the new rule was imposed by president obama three years ago. we'll learn whether the housing recovery lost momentum. some data was delayed by the shut down. increases are expected despite higher mortgage rates. one economists says it's not just institutional investors helping the housing markets.. >> now you are seeing a lot of home buyers who are not institutional investors, who have better credit scores, and have decided that the time is about good to start buying home. and bankers are becoming more confident about the situation. >> we'll get a hint about friday's anticipated jobs report. payroll firm reports on how many private sector jobs were created last month. wall street has some of its moo back. after the do you closed lower on tuesday for a third straight day. the do you jones falling blow the 15,000 mark. the nasdaq holding above the 4,000 level. overseas european markets struggle to bounce back after three days of losses. markets ended the day lower. japan led the cle client, with the nikkei falling. chinese shares rallied on news o
the new rule was imposed by president obama three years ago. we'll learn whether the housing recovery lost momentum. some data was delayed by the shut down. increases are expected despite higher mortgage rates. one economists says it's not just institutional investors helping the housing markets.. >> now you are seeing a lot of home buyers who are not institutional investors, who have better credit scores, and have decided that the time is about good to start buying home. and bankers are...
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Dec 4, 2013
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here, you got good news on obama care. we got 70 years before the next story comes. >> it's next. the rebought of obama care comes as the president will talk about the benefit of this health care law. yesterday, president obama defended the affordable care act and suggested if republicans have better ideas they should bring them to the stable. >> the bottom line is this law is working and will get started with the exchanges, with the marketplaces, so we're not going to walk away from it. if i've got to fight another three years to make sure this law works, then that's what i will do. i have always said, i will work with anybody to implement and improve this law effectively you got good ideas, bring them to me. let's go. but we're not repealing it as long as i'm president. i want to make that clear. >> you know, if what the president said is introduce. then that's a marked change since the first time the health care law went through. the republicans had scores of amendments that harry reid killed. never let him discuss it on the floor. never got a vote on the floor, so if the presi
here, you got good news on obama care. we got 70 years before the next story comes. >> it's next. the rebought of obama care comes as the president will talk about the benefit of this health care law. yesterday, president obama defended the affordable care act and suggested if republicans have better ideas they should bring them to the stable. >> the bottom line is this law is working and will get started with the exchanges, with the marketplaces, so we're not going to walk away...
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the obama administration recognizes this as well, which is why it proposed the first federally sponsored status vote in puerto rico's history to resolve the issue once and for all. and finally, members of congress, from both bodies, comprehend this which is why 125 of them have co-sponsored legislation i introduced that provides for an up or down vote in puerto rico on the territory's admission as a state and outlines the steps the federal government will take if a majority of voters favor admission. there are many reasons to oppose puerto rico's territory status, which is unequal, undemocratic and un-american. one of the most important reasons why puerto rico must discard this status in favor of either statehood or nationhood is because the current status has failed and will continue to fail to provide the island's 3.6 million american citizens with the economic opportunities and the quality of life they deserve. those who refuse to acknowledge this fundamental truth for ideological reasons are doing a great disservice to the people of puerto rico. they are on the wrong side of history.
the obama administration recognizes this as well, which is why it proposed the first federally sponsored status vote in puerto rico's history to resolve the issue once and for all. and finally, members of congress, from both bodies, comprehend this which is why 125 of them have co-sponsored legislation i introduced that provides for an up or down vote in puerto rico on the territory's admission as a state and outlines the steps the federal government will take if a majority of voters favor...